Accountancy, asked by clairinebeyola4948, 9 months ago

Commerce 12 accounts retirement of partners

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Answered by bagwairadha2004

Answer:

RETIREMENT OF PARTENER

A partener has tne right to retire from the firm after giving due notice in advance. Old partnership comes to an end after the retirement of a partner, but the firm continues and a new partnership comes into existence between the remaining partner

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